Indonesia

Maybank sees AI demand spurs neocloud race

Maybank Investment Bank has foreseen artificial intelligence (AI) demand to spur neocloud race in ASEAN.

Princeton Digital Group taps Pertamina Patra Niaga to advance sustainable data center operations in Indonesia

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Wednesday a strategic partnership with oil and gas firm Pertamina Patra Niaga to roll out hydrotreated vegetable oil (HVO) as a replacement for diesel fuel across its Indonesian operations.

Singapore’s bolttech partners with Harmony Auto Indonesia for embedded EV insurance

Singapore-based insurtech bolttech has partnered with Harmony Auto, a Chinese automotive distributor, to launch an insurance solutions designed exclusively for BYD electric vehicle (EV) owners through Harmony Auto’s distribution channels in Indonesia.

Indonesia detains Gojek founder and former minister as suspect in graft case – report

Makarim was accused of misusing his authority as minister to enrich himself or a company, Nurcahyo said, in violation of Indonesia's anti-corruption laws.

Maybank raises GoTo’s FY25/26 core net income forecasts

Maybank Investment Bank has raised Indonesian tech platform GoTo Gojek Tokopedia (GoTo)'s core net income forecasts for FY25/26 by 9 percent/1 percent due to results house-keeping.

J&T Express’s profit surges 147.1 percent on year in first half

J&T Global Express Limited, an Indonesia-based logistics service provider, said its adjusted net profit surged 147.1 percent year on year to $156 million in the first half, underpinned by strong business growth and continuous operational optimization across its markets.

Danantara partners China’s GEM for $1.4B HPAL nickel facility in Indonesia

Indonesian state-owned fund Danantara has partnered with GEM, the China-based green metallurgy and circular economy solutions firm, to develop a $1.42 billion high-pressure acid leaching (HPAL) smelter facility in Indonesia.

Amartha secures digital wallet license to offer digital financial services to entrepreneurs in Indonesia

Amartha, an Indonesia-based platform for entrepreneurs, announced Wednesday its transformation into Amartha Financial Group after securing a digital wallet license from Bank Indonesia.

Kozystay partners BaliSuperHost to create Indonesia’s largest short-term rental management platform

Kozystay, Indonesia’s tech-enabled hospitality and short-term rental management company, has on Tuesday inked a strategic partnership with BaliSuperHost, Bali’s largest premium villa management company.

SVO.ai to Host World’s Largest AI Commerce Revolution Event: SVOLUTION Digital Summit 2025 in Bali

Scheduled for Sept 16 to Sept 18, 2025, the three-day summit will be held at the Bali Nusa Dua Convention Center and Atlas Beach Club, and is expected to attract over 3,000 digital entrepreneurs, solopreneurs, affiliate marketers, media buyers, and creators from around the globe.